BOSTON – Governor Maura Healey today called on Eversource, National Grid, and Unitil to immediately return Massachusetts customers’ share of the estimated $1.5 billion in excessive profits owed to electric customers across New England. In a letter sent Tuesday, Governor Healey urged the utilities to stop delaying refunds and provide a clear timeline for getting money back to customers, rather than waiting until the federal deadline next May.
The refunds follow a March 2026 decision by the Federal Energy Regulatory Commission, which lowered the profits New England transmission utilities are allowed to earn on their investments after more than a decade of advocacy by the Attorney General’s Office under then-Attorney General Healey and Attorney General Andrea Joy Campbell. FERC ordered the utilities to refund customers for excessive profits paid by customers for more than a decade.
“Massachusetts families have been paying too much for too long, and they shouldn’t have to wait another winter to get their money back,” said Governor Maura Healey. “As Attorney General, I fought these excessive rates, and now federal regulators have ordered the utilities to pay customers back. I’m calling on these companies to stop the delays and return every cent owed to our residents. We’re going to keep standing up for customers and fighting to lower their energy bills.”…